HNA Technology Investments : INSIDE INFORMATION ANNOUNCEMENT ON THE COURT RULING OF REORGANISATION OF INDIRECT CONTROLLING SHAREHOLDER

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HNA Technology Investments Holdings Limited ऎঘ߅Ҧҳ༟છٰϞࠢʮ̡

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 2086)

INSIDE INFORMATION ANNOUNCEMENT ON

THE COURT RULING OF REORGANISATION OF

INDIRECT CONTROLLING SHAREHOLDER

This announcement is made by HNA Technology Investments Holdings Limited (the "Company") pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO").

On 15 March 2021 (after trading hours), the board of directors of the Company (the "Board") received a notification letter from HNA EcoTech Group Co., Ltd.* (ऎঘ͛࿒߅ҦණྠϞࠢʮ ̡) ("HNA EcoTech"), an indirect controlling shareholder of the Company regarding a civil ruling letter received by HNA EcoTech from Hainan High People's Court (the "Court") on 15

March 2021. According to the civil ruling letter, the Court ruled HNA EcoTech to reorganise (the "HNA EcoTech's Reorganisation").

HNA EcoTech is held as to more than one-third by HNA Group Co., Ltd., another indirect controlling shareholder of the Company. There is uncertainty as to whether the HNA EcoTech's Reorganisation will succeed.

The Company is independent from HNA EcoTech in respect of business, assets, institutions and finance, and the aforesaid matters currently have no material adverse impact on the Company's operation and management. The HNA EcoTech's Reorganisation may have an impact on the shareholding structure of the Company. The Company will closely follow the development of the aforesaid matters and comply with relevant disclosure requirements under the Listing Rules and the SFO in a timely manner.

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the securities of the Company.

By order of the Board of

HNA Technology Investments Holdings Limited

Jiang Hao

Chairman

Hong Kong, 15 March 2021

As at the date of this announcement, the Board comprises five executive directors, namely Mr. Jiang Hao, Mr. Peng Zhi, Mr. Xu Jie, Mr. Wang Jing and Mr. Wong Chi Ho, one non-executive director, namely Mr. Kwan Kin Man Keith and three independent non-executive directors, namely Mr. Guo Dan, Dr. Lin Tat Pang and Ms. O Wai.

*

For identification purposes only